BiggerPockets Real Estate Podcast
BiggerPockets Real Estate Podcast

Making Money 7 Different Ways on Each Property (Without Even Owning It!)

March 25, 2026

AI Summary

5 min read

Chauncey Fam built a real estate operation in the Dallas market that generates revenue across multiple stages of house flipping without her owning the properties. Drawing from her experience as a realtor and flipper, she shifted from high-volume personal flips to a turnkey model where clients provide capital and keep profits, while she profits from sourcing, funding, construction, staging, and selling.

Sourcing Deals as a Problem Solver

Fam emphasizes treating sellers as individuals needing specific solutions rather than forcing a single purchase offer. In a roleplay demonstration, she starts calls by asking what outcome the seller envisions—quick cash or higher net proceeds—then probes urgency, required proceeds, and timelines. She pulls comps via FaceTime walkthroughs to highlight repair needs, estimating costs conservatively (e.g., $25,000 seller guess becomes $100,000 realistic with contractor hires). Options include cash buy, listing as agent, or renovation with back-end lien, all leveraging her license for flexibility. This approach uncovered her first 2019 deal: a $125,000 purchase (no repairs needed after lien clearance), wholesaled to a rental investor for $186,000 profit in weeks. Deals persist by solving liens, foreclosures, or motivation gaps, not relying on wholesalers.

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What you'll learn

  • 1 (00:05) **Intro to Chauncey's Multi-Revenue Model** - Overview of making money at every stage of flips without owning properties
  • 2 (01:44) **Chauncey's Background in Sales and Marketing** - From high-pressure sales to realtor via Disney trip motivation
  • 3 (03:10) **Entry into Investing as Realtor** - Got license 2016; first deal 2019 after recruiting 400 agents
  • 4 (04:09) **Advice: Get Real Estate License First** - Provides investor edge in deals, buyer emotions, memorable flips
  • 5 (06:29) **Pivoting from Agent to Flipper** - Learned from investor client's profitable but haphazard process
  • 6 (13:38) **First Deal Breakdown** - Bought $125k wholesale, sold $186k as-is to rental investor
  • 7 (16:10) **Deal Sourcing Role-Play** - Demonstrates probing seller pain, comps, repair estimates

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Show Notes

This investor makes six figures in profit without putting a single dollar into her real estate deals. Using a new real estate investing “model,” Chauncey Pham has cracked the code to make as much profit as possible from a single property. It’s so genius, we’re surprised no one has come up with it before, but today we’re sharing it with you.


Chauncey has always been good at sales—clearly, when she replaced her W-2 income in the first three months of being a real estate agent. She saw her investor clients making money hand over fist, and thought, “If they can do it, why can’t I?” So her husband quit to help her try flipping houses. The first deal netted a $60K profit


That was it. It was time to go all-in.


But then Chauncey realized something crucial. In every house flip, dozens of people are getting paid. The buyer’s agent, the seller’s agent, the lenders, the contractors, the stagers, and the title company. This was six figures in expenses that she could be collecting. So, she created a new “model,” what she calls “turnkey house flipping,” that allows her to make six figures without putting a dollar into the deal.


This is exactly how she does it.


In This Episode We Cover

How to make six figures with zero dollars invested in your real estate deals (Chauncey’s investing “model”) 

Why Chauncey thinks every investor should heavily consider becoming a real estate agent 

The perfect seller script when buying off-market real estate deals (real example)

Chauncey’s exact house flipping numbers and how much she makes off of each deal

Investors: you need to understand this

BiggerPockets Real Estate Podcast